Silver Paste Market
Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key
Players, Competitive Strategies And Forecasts, 2017 To 2025
Silver Paste Market
Growth, Future Prospects and Competitive Analysis, 2017 – 2025, the global
silver paste market is expected to reach over US$ 4,839.2 Mn by 2025, expanding
at a CAGR of 9.8% from 2017 to 2025.
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Market Insights
On the basis of
application, the silver paste market is categorized into Automotive,
Electronics and others. In 2016, electronics segment accounted for the largest
share of global silver paste market. It accounted for more than 35% revenue
share in the global silver paste market. Silver paste is widely used in solar
cells, electrical and electronic components, and automobiles. Rising demand for
electronics products and automobiles across the globe is expected to boost the
demand for silver paste in upcoming years.
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For the purpose of this
study, the global silver paste market is categorized into regional markets
viz., North America, Europe, Asia Pacific and Latin America and Middle East and
Africa. In 2016, Asia Pacific was observed as the largest market for silver
paste followed by Europe and North America. The overall growth of the Asia
Pacific market will be above the global average during the forecast period.
Asia Pacific is expected to achieve highest growth rate compared to other
regions due to presence of countries such as China, India and Japan are
observing significant growth in automobile and electronics industries.
Global silver paste
market is highly consolidated. Major players includes 3M, AG PRO TECHNOLOGY
CORP., Cermet Materials Inc., CHIMET, DuPont, Henkel AG & Company KGaA,
Heraeus Holding, Johnson Matthey, Metalor, Targray Technology International
Inc. etc. Existing players are facing intense competition from the small/
regional players as the market is highly price sensitive. The manufactures are
investing in research and development to develop high quality, differentiated
and cost effective products to increase their market penetration especially in
key consuming economies.
Key Trends:
- High demand from
end-use industries
- Price fluctuation is projected to hamper the growth global silver pastes market
- Asia Pacific is likely to drive the silver paste market
- The development of the solar industry will boost the demand for silver paste
- Price fluctuation is projected to hamper the growth global silver pastes market
- Asia Pacific is likely to drive the silver paste market
- The development of the solar industry will boost the demand for silver paste
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